Well I don’t know so I can’t argue which is why I’m asking the ?s and asking for those that do to speak up such as you are.
I’m not really looking to “make it”, I’m literally selling all un needed company property this season only keeping what I need for my employees and hiring a manager to fulfill the remaining 2 years of contracts, biff is moving, I’m looking to see if I can make some small amounts for nothing, and have some fun without a terrible risk like betting on 1 number in roulette. I also thought others would like to get some insight from people that know, seems like you maybe do, and maybe I’m missing something, but being able to make a few hundred a day for nothing, at least for those with $5-$10k on top of their jobs seemed like a not so bad idea,l.
just xlnx for instance, I watched it go from 119ish, to $127, would a $5k investment this am sold this afternoon not have yielded a profit? For little work? Secondly, xlnx, from my limited research, is in the run to be responsible for the computer programming and chip going into many 5G devices, seems like this could boom....idk... could tank if contract goes elsewhere or is split, but what if they had sole rights?
Dollar general is a no brainer, your not gonna get rich, but with the stimulus coming, as last time, their stocks gonna go up when ppl get their stimulus and start spending, dg is primarily found in low income areas, those stimulus checks are mainly going to low income, they need, they’re not necessarily wise with $, they are gonna spend, stocks gonna go up. Could I be wrong, absolutely, why I learn what I can and suggest others to do the same, a mix of people saying you can do it, with some saying no way, and some saying there are better ways should be a beneficial thread, maybe some will benefit, maybe some will just hang on to it or buy their needs, hopefully no one takes a hit.
Finally, buy new skis?!?! I have a ski buying problem, a real one, but in the words of Eric Clapton, it’s ok, I can afford it.
iFlipWhen contemplating day trading, take a moment and ask yourself if you have some particular insight into the market that full-time hedge fund folks, investment brokers, and everyone else who has actually made money has failed to see. If the answer is no then invest in bonds, gold, bitcoin, or just enjoy a new pair of skis.
People trade professionally. Most don't make it. You very, very, very likely will not. An investment should have a reasonable expectancy of a return. Day trading does not.